KASAI KOGYO CO., LTD.
7256・Standard Market・Transportation Equipment
Japan
Domestic segment responsible for manufacturing and sales of automotive interior parts, serving as the Group's earnings foundation
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year) | ¥51,697 million | ¥52,206 million | ↓ |
| Segment profit (full year) | ¥4,659 million | ¥4,754 million | ↓ |
| Segment assets (full year) | ¥80,426 million | ¥79,343 million | ↑ |
| Depreciation and amortization (full year) | ¥1,479 million | ¥1,316 million | ↑ |
| Increase in property, plant and equipment and intangible assets (full year) | ¥1,655 million | ¥1,567 million | ↑ |
| Impairment loss (full year) | ¥421 million | ¥0 million | ↓ |
Business Details
Comprises Kasai Kogyo Co., Ltd. itself and its domestic subsidiaries. The segment plans, develops, and produces automotive interior trim system parts including Door Trim and Roof Trim, with Nissan Motor and Honda Motor as its main customers. It is the only segment within the Group that consistently posts stable operating profit, and serves as the core segment supporting the company's turnaround. Production and sales of automotive interior parts account for over 90% within each reportable segment.
Recent Overview
Slight decrease in sales due to sluggish personal consumption from price increases; small profit decline due to restructuring costs, though underlying earnings power remained solid
Net sales for the Japan segment in FY2026 (ending March 2026) were ¥51,697 million, down ¥509 million year on year (-1.0%). The main cause was sluggish domestic demand and personal consumption resulting from price increases. Segment profit was ¥4,659 million, down ¥94 million year on year (-2.0%), but the company explains this was due to temporary expenses associated with structural reforms, and that underlying earnings power remained generally solid. An impairment loss of ¥421 million was recorded during the fiscal year.
Key Products
Growth Drivers
- Improvement in profitability through steady agreement in price revision negotiations with customer OEMs
- Effects of management reforms such as reduction of production losses and optimization of staffing at production sites
- Increase in mold sales and promotion of measures to recover selling prices
- Continued reduction of structural reform costs under the medium-term management plan "Kasai Turnaround Aspiration"
- Improvement in the earnings structure through progress in price corrections in response to inflationary impacts
Risks
- Risk of sales decline due to reduced production volumes at major customers (Nissan Motor and Honda Motor)
- Demand weakening due to reduced appetite for new car purchases in Japan amid price increases
- Cost pressure from persistently high raw material, labor, and logistics costs
- Risk of additional expenses and impairment losses associated with site reorganization and structural reforms (an impairment loss of ¥421 million was recorded in the current fiscal year)
- Impact on orders from changes in domestic OEM production and vehicle mix due to the progress of the shift to BEVs
Last updated: June 30, 2026